under $150,000 cheap property Streeter North Dakota
$
112,500
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Streeter, North Dakota
223/227 Helen St S
3
Beds
2
Baths
1600
Sq Ft
1920
Built

Acreage, Historic, Garage

1920 Streeter Home, Two Garages, 0.8 Acres, Hunting Country — $112,500

6

out of 10

HousesUnder150K Score

Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%

CategoryWt.ScoreDetail
Property Merit50%71920 home, 0.8 acres, two garages plus shed, 1,600 sqft, outdoor lifestyle location
Condition25%6Generic "warm and inviting" language; no system dates named; year 1920 means unknown mechanicals
Price / Sq Ft15%2Listing $70/sqft vs zip directional median $13/sqft — extreme gap, but 1-comp data nearly meaningless
Price vs. Market5%1$112,500 is more than 100% above zip median $54,900 — well above market
Market Conditions5%8DOM 479 days, sale-to-list 89.5%, price drops 24.8% — strong buyer's market signals

The lot is the story here. Eight-tenths of an acre in a small North Dakota town, with a two-stall garage, a one-stall garage, and a shed on top of that. If you run equipment, keep ATVs, store gear for hunting season, or just need room to spread out without a neighbor ten feet away, this setup is hard to replicate. The house is almost secondary to the infrastructure around it.

The house itself is a 1920 build, 1,600 square feet, three bedrooms and 1.75 baths. A century-old home in rural North Dakota means you should go in with eyes open about the mechanicals. The listing uses the phrase "warm and inviting" without naming a single system date, which tells you what it tells you. No mention of when the furnace, roof, or electrical were touched. That is the homework before you make an offer, because unknowns in a 104-year-old house are real money.

Streeter puts you in prime hunting and fishing territory, and the two garages plus shed make this a functional base for that kind of life. The yard is large enough to do something with, and the property spans two addresses, 223 and 227 Helen St S, which may be worth understanding before closing.

The price needs a direct look. At $112,500, this is listed well above the zip code's thin-market median. It has sat for 479 days and dropped about 25 percent from its original ask, landing at roughly 89.5 percent of list on recent sales in the area. That history is a signal and also a lever. In a market this slow and this buyer-favoring, there is room to negotiate, especially given the unanswered questions about condition.

What you get for the price, if the house checks out mechanically, is a lot of land, a lot of storage, and a hundred-year-old home with genuine space in a part of North Dakota that hunters and anglers actually want to be in.

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